Coygo Forge Market Maker - Submit and cancel orders.js

/*
  Submit or cancel orders when appropriate
*/


// handle submiting or canceling the buy order when instructed
if (shouldSubmitBuyOrder) {
    // calculate the buy order rate using configured inputs
    // example: if "ask" is 100 and "buyRatePercentBelowAskInput" is 2, buyOrderRate = 100 * (1 - (2 / 100) = 98
    let buyOrderRate = orderBook.ask * (1 - (buyRatePercentBelowAskInput / 100));
    if (marketToUse && marketToUse.quoteSymbolDecimalCount) {
        // apply decimal count limit for this exchange
        buyOrderRate = parseFloat(buyOrderRate.toFixed(marketToUse.quoteSymbolDecimalCount));
    }
    // there is no buy order, submit one
    const buyOrderConfig = {
        market: marketToUse,
        type: coygo.orderTypes.limit,
        side: coygo.orderSides.buy,
        amount: orderAmount,
        rate: buyOrderRate
    };
    coygo.log('## Attempting to submit the following buy order:', {
        ask: orderBook.ask,
        'buy rate % below ask input': buyRatePercentBelowAskInput,
        'buy order rate': buyOrderRate,
        'order config': buyOrderConfig
    })
    const canSubmitCheck = coygo.canSubmitOrder(buyOrderConfig);
    if (canSubmitCheck.canSubmit === true) {
        // order can be submitted
        const submittedBuyOrder = coygo.submitOrder(buyOrderConfig);
        coygo.log('Submitted buy order!');
        // record the submitted buy order so it can be accessed later to check on its status
        buyOrder.set(submittedBuyOrder);
    } else if (canSubmitCheck.canSubmit === false) {
        // order cannot be submitted. see 'canSubmitCheck.reason' for more details
        coygo.log('## Unable to submit buy order', canSubmitCheck);
    }
} else if (shouldCancelBuyOrder) {
    coygo.log('## Canceling buy order');
    // handle canceling the buy order
    coygo.cancelOpenOrder({
        order: buyOrder.get()
    });
    // record that we're now waiting for the buy order to cancel
    // this takes a variable amount of time so we don't know exactly when it will be complete
    isWaitingForBuyToCancel.set(true);
}


// handle submiting or canceling the sell order when instructed
if (shouldSubmitSellOrder) {
    // calculate the buy order rate using configured inputs
    // example: if "bid" is 100 and "sellRatePercentAboveBidInput" is 2, sellOrderRate = 100 * (1 + (2 / 100) = 102
    let sellOrderRate = orderBook.bid * (1 + (sellRatePercentAboveBidInput / 100));
    if (marketToUse && marketToUse.quoteSymbolDecimalCount) {
        // apply decimal count limit for this exchange
        sellOrderRate = parseFloat(sellOrderRate.toFixed(marketToUse.quoteSymbolDecimalCount));
    }
    // there is no buy order, submit one
    const sellOrderConfig = {
        market: marketToUse,
        type: coygo.orderTypes.limit,
        side: coygo.orderSides.sell,
        amount: orderAmount,
        rate: sellOrderRate
    };
    coygo.log('## Attempting to submit the following sell order:', {
        bid: orderBook.bid,
        'sell rate % above bid input': sellRatePercentAboveBidInput,
        'sell order rate': sellOrderRate,
        'order config': sellOrderConfig
    })
    const canSubmitCheck = coygo.canSubmitOrder(sellOrderConfig);
    if (canSubmitCheck.canSubmit === true) {
        // order can be submitted
        const submittedSellOrder = coygo.submitOrder(sellOrderConfig);
        coygo.log('Submitted sell order!');
        // record the submitted sell order so it can be accessed later to check on its status
        sellOrder.set(submittedSellOrder);
    } else if (canSubmitCheck.canSubmit === false) {
        // order cannot be submitted. see 'canSubmitCheck.reason' for more details
        coygo.log('## Unable to submit sell order', canSubmitCheck);
    }
} else if (shouldCancelSellOrder) {
    coygo.log('## Canceling sell order');
    // handle canceling the sell order
    coygo.cancelOpenOrder({
        order: sellOrder.get()
    });
    // record that we're now waiting for the sell order to cancel
    // this takes a variable amount of time so we don't know exactly when it will be complete
    isWaitingForSellToCancel.set(true);
}